What Determines Government Spending Multipliers? /

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate regime, pu...

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Detalles Bibliográficos
Autor Principal: Muller, Gernot
Outros autores: Corsetti, Giancarlo, Meier, Andre
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/150
Acceso en liña:Full text available on IMF